October employment data shows that Texas grew jobs at a faster an - nual rate than the U.S. as Texas employers added 274,600 non-farm jobs over the last 12 months, officials say.
Texas also set a new record high for the num - ber of Texans working and for the size of the Texas labor force. "Texas grows jobs at a faster annual rate than the U.S. because Tex - as moves at the speed of business," said Tex - as Gov. Greg Abbott in a statement. "Meeting the changing needs of Texas entrepreneurs and businesses is paramount to ensure ongoing job growth across industries. "That is why the state of Texas invests in work - force development and career training to prepare our young and growing labor force for high-de - mand, good-paying jobs," he added. "With more than four million Texans participating every year in those skills training pro - grams and Texas remov - ing regulatory roadblocks that burden small busi - nesses and job growth, we will build a bigger, better Texas for all." October jobs data released by the Texas Workforce Commission (TWC) shows: Texas reached a new high with the largest labor force ever in the state's history at 15,497,100. Texas reached a new high for Texans working, including self-employed, at 14,858,700. Texas added 274,600 nonfarm jobs from Octo - ber 2023 to October 2024, outpacing the nation in annual growth rate. Texas job gains in October included the Financial Activities in - dustry with the largest over-the-month increase in October of 6,200 jobs, outperforming the na - tional annual growth rate by 2.8 percentage points. In addition, Leisure and Hospitality added 4,900 jobs over the month, and both Information and Manufacturing added 1,900 jobs each. Texas has added more than 2.4 million jobs under Governor Ab - bott's leadership. TWC also offers free in-person and online learning programs and resources to help prepare for the next career step at your local Workforce Solutions office. Earlier this month, Governor Abbott cel - ebrated Texas being named the Top Business Climate in the nation for the second year in a row by Site Selection maga - zine. See more Top Tex - as Touts: gov.texas.gov/ top-texas-touts.